The Nigerian National Petroleum Company, NNPC Ltd, has reassured Nigerians that the current fuel scarcity and queues will be cleared by Wednesday, May 1.

Olufemi Soneye, the Chief Communications Officer of NNPCL, disclosed this to reporters on Tuesday in Lagos.

He mentioned that the company currently has an excess availability of products, exceeding 1.5 billion litres, which can last for at least 30 days.

Advertisements

“We experienced a three-day disruption in distribution due to logistical issues, but this has been resolved. However, it typically takes double the amount of time to return to normal operations after such disruptions,” Soneye stated.

“Some individuals are exploiting this situation for profit. Although product scarcity has been minimal lately, these individuals might be taking advantage,” he added.

Soneye also assured that the lines at fuel stations will be cleared between today and tomorrow.

HAVE YOU READ?:  FG'll no longer comment on Adeosun’s NYSC certificate

Meanwhile, Hammed Fashola, the National Vice President of the Independent Petroleum Marketers Association of Nigeria, expressed optimism that the queues in Lagos and Ogun would ease off this week, based on NNPC’s assurances.

Advertisements

Fashola noted that queues in Abuja might take longer to clear due to the distance from Lagos.

“The NNPCL informed us about a logistics problem, which disrupted the supply chain. It might take a few days to correct this, but by Tuesday or Wednesday, more products will be available for marketers to lift,” Fashola said.

“It might take time before the situation eases off in Abuja due to the distance and poor road conditions. However, Lagos might see improvements this week,” he added.